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john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to know maybe we have neither. what do you think happens to the market, matt, in either scenario, deal or no deal? >> i can't imagine we're going to get a deal done with any significance. you know, they are probably going to change it as we go forward so maybe they will let us go over the cliff, the market will crash a little bit. i don't want to say crash as in crash but we could retrace some of the gains and a rough start to 2013 until they finally realize that maybe the large-cap companies could be leading us through the rallies. maybe it will take the stocks back up the latter half of 2013, first quarter. >> oliver, w
john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to...
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Jan 1, 2013
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. >> the linchpin is whether john boehner can bring his troop as long. >> we need to get this right. >> the president is not, not going to make a new offer in this meeting today. >> the dow has fallen to the new lows. >> we may still be able to reach an agreement. >>> all right cliff or not, the markets finished 2012 in good fashion. the for the year the s&p 500 up a healthy 13.4%. all right joining us now is london based cnbc's kelly evran. before she deserted me, she was a regular on this program. good year for the s&p 500. actually, judging from the numbers, the economy could be even stronger. looks like the back end got better. here is the interesting thing. business investment could be a weak spot. if it is not because of the fiscal cliff, then there is more reason to be concerned. we saw in the sentiment figures, especially in the last month, there is a clear sentiment shot. perhaps even a real spending shot for businesses. five months of slumping, the last two months showed healthy gains. consumer spending, personal income, unemployment claims are low. what do you make of that
. >> the linchpin is whether john boehner can bring his troop as long. >> we need to get this right. >> the president is not, not going to make a new offer in this meeting today. >> the dow has fallen to the new lows. >> we may still be able to reach an agreement. >>> all right cliff or not, the markets finished 2012 in good fashion. the for the year the s&p 500 up a healthy 13.4%. all right joining us now is london based cnbc's kelly evran. before she...
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Dec 31, 2012
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the john boehner has said chain cpi. and medicare eligibility age. >> right. >> those are the two things that he's laid out for medicare and social security. >> right. >> your party's nominee last year ran against obama -- or in this campaign ran against obama for cutting medicare. what are the specific entitlement savings that you guys want to enact? because that's your ask of obama. he's told you what taxes he wants to raise. >> i've got a whole list of them. i mean, certainly starting with chain cpi, but the age, the copay, means testing. >> he's agreed to that. >> betting on competitive situation in between medicare manage and deeper service without any cap i mean it adds up to about a trillion dollars. and when you have a situation where americans are paying one-third of the cost of medicare, i don't think people realize that, but literally people are paying one-third of the cost of medicare, we have 20 million more americans coming on medicare over the next decade, i mean it's a time bomb. >> i agree with you it's
the john boehner has said chain cpi. and medicare eligibility age. >> right. >> those are the two things that he's laid out for medicare and social security. >> right. >> your party's nominee last year ran against obama -- or in this campaign ran against obama for cutting medicare. what are the specific entitlement savings that you guys want to enact? because that's your ask of obama. he's told you what taxes he wants to raise. >> i've got a whole list of them. i...
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the question is whether it can pass on the house side under the leadership of speaker john boehner. i've talked to a couple of republicans this morning who are fairly optimistic that whatever comes out of the senate, whatever that deal is, it will pass the house this afternoon. although hard-core republican anti-tax folks are not going to vote for it. it still would likely have enough votes to pass. that's at least the mood of some folks i'm talking to today. guys, one of the big questions that's unresolved here was raised on a conference call with ceos arranged by the white house on friday night, on that white house conference call with ceos. one of the ceos asked tim geithner, i'm told by a participant on the call, whether a small deal would be enough to are prevent ratings agencies to downgrade u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'l
the question is whether it can pass on the house side under the leadership of speaker john boehner. i've talked to a couple of republicans this morning who are fairly optimistic that whatever comes out of the senate, whatever that deal is, it will pass the house this afternoon. although hard-core republican anti-tax folks are not going to vote for it. it still would likely have enough votes to pass. that's at least the mood of some folks i'm talking to today. guys, one of the big questions...
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Dec 30, 2012
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boehner came up with what i kept seeing the pictures of john boehner and president obama sitting together and very good picture and they are both good guys to come up with a plan, and john boehner came up with a plan that democrats would not enjoy the idea that taxes going up on people earning more than $1 million a year and not acceptable for most people, but he could not get members of his own caucus to agree to it, so it is not fair for the republicans to somehow suggest that we are here because of the democrats. i am not saying that the democrats had nothing to do with it, but you can't get your own act together, and the republicans and the democrats in the house can't get their act together. >> well, we are here as inaction, and here is the deal on that, and what the president wanted to do was to generate enough revenue to cover government for agent eight days, seven or eight days and what do you do with the other 350-plus days leftover? you cannot continue to run trillion dollar deficits every year, because we are already at $16 trillion in debt. what we have is a debt crisis and qu
boehner came up with what i kept seeing the pictures of john boehner and president obama sitting together and very good picture and they are both good guys to come up with a plan, and john boehner came up with a plan that democrats would not enjoy the idea that taxes going up on people earning more than $1 million a year and not acceptable for most people, but he could not get members of his own caucus to agree to it, so it is not fair for the republicans to somehow suggest that we are here...
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Jan 1, 2013
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house speaker john boehner feeling a lot of the heat. we'll talk with the spokesperson for a conservative group that suggests that he resign because of his failed plan "b." p chases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? it's the card for people who like more cash. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did s
house speaker john boehner feeling a lot of the heat. we'll talk with the spokesperson for a conservative group that suggests that he resign because of his failed plan "b." p chases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash...
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Jan 1, 2013
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but at this point, it's up to john boehner to see how much support he has for the bill with or without amendments and whether he can move forward today or if it's going to be delayed. e we should find that out shortly. >> brianna keilar live for us at the white house, thank you. also we're going to keep an eye on washington today. we'll be live throughout the day to just see what the house plans to do. and then coming up we're going to get the pulse of the people too. back in a moment. >>> we're all keeping a close eye on the house today to see e what those house members decide to do about the fiscal cliff. the republican leaders there are expected to meet about 20 minutes or so. actually an hour and 20 minutes or so to go over their strategy for the day. that's when they will decide potentially if we're even going to have a house vote today on that plan that the senate approved early this morning. for you out late last night, it was late last night. 2:00 in the morning eastern time. going to keep you updated on the machinations of the house. in the meantime, since it's the first day o
but at this point, it's up to john boehner to see how much support he has for the bill with or without amendments and whether he can move forward today or if it's going to be delayed. e we should find that out shortly. >> brianna keilar live for us at the white house, thank you. also we're going to keep an eye on washington today. we'll be live throughout the day to just see what the house plans to do. and then coming up we're going to get the pulse of the people too. back in a moment....
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. >> here is the thing, we have been worrying for the last week that the fact that john boehner and the president would discuss things, they would go back to their party. plan b, his caucus said no. things took a different turn today. we heard from a number of democrats, including robert reich on the show just a while ago, but we heard from democratic senators who said everyone is worrying about republicans saying no to this deal. there may be enough democrats to want to say no to it. is there a threat that the democrats might settle the deal? >> that is the concern. now, it's not something that the white house is opening talking about, but that is exactly why there is sort of this pressure to get this resolved right now, because there's momentum, they want to act on it fast, get it done, get it done because if we go over the cliff, democrat s will feel they have more leverage to settle the deal and draw this out into a longer battle. i will point out to you that the treasury secretary has already sent out a letter saying he's taking extraordinary measures now to extend the nation's cre
. >> here is the thing, we have been worrying for the last week that the fact that john boehner and the president would discuss things, they would go back to their party. plan b, his caucus said no. things took a different turn today. we heard from a number of democrats, including robert reich on the show just a while ago, but we heard from democratic senators who said everyone is worrying about republicans saying no to this deal. there may be enough democrats to want to say no to it. is...
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how much trouble is john boehner in as the speaker of the house? >> i actually -- i actually don't think that john boehner is going to be in that much trouble this year. i don't think when his speakership comes up for a vote that he will be in trouble. i don't see anyone else lining up to take his job. >> perhaps in the last few hours we may have seen -- >> i just interviewed darrell issa and he says that he's with eric cantor. >> so that might be changing but i do think that john boehner has certainly lost control of his caucus. but frankly, they might want a weak leader because then they think they can control him. >> it's the second poke in the eye. he had plan b and now the pressure a lot of people got from the meeting at the white house, boehner said, it's up to the senate. let them pass something. if it's a bipartisan majority, we'll bring it to the house and vote on it up or down. >> you were talking about the political damage republicans could sustain and there are about 50 or 60 republicans sitting thinking, yes, i'm really worried about t
how much trouble is john boehner in as the speaker of the house? >> i actually -- i actually don't think that john boehner is going to be in that much trouble this year. i don't think when his speakership comes up for a vote that he will be in trouble. i don't see anyone else lining up to take his job. >> perhaps in the last few hours we may have seen -- >> i just interviewed darrell issa and he says that he's with eric cantor. >> so that might be changing but i do think...
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by passing house speaker john boehner who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority and minority leaders harry reid and mitch mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. >> as for the leaders they sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would take an extended period of time as you know, waiting for us. >> i share the view of the majority leader. we had a good meeting down at the white house. we are engaged in discussi
by passing house speaker john boehner who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority and minority leaders harry reid and mitch mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is...
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this is very tricky for john boehner and his lieutenant. they have a relatively narrow house majority, polls show that the fiscal cliff blame would be mostly on them, not the president. not on democrats. that might change. but this is a very risky move if we go well into january with this unresolved. >> and you got to wonder if the house republicans are kicking themselves for not passing the plan b, which allowed for tax rates on people making a million or more since the figure that passed was significantly less at 400,000. bob cusack, thank you. we appreciate you being with us. >> thanks, deb. >>> well, developing this hour in alaska, on a shallow and rocky shore line near the uninhabited kodiak island, a huge oil rig has run aground. it has run aground. the coast guard has done a flyover of the shipwreck. it says that there is no signs of an oil spill. at least not at this stage. the kulluk is carrying 150,000 gallons of fuel and oil, operating as part of shell's controversial arctic drilling program. >>> well, word of new fallout from th
this is very tricky for john boehner and his lieutenant. they have a relatively narrow house majority, polls show that the fiscal cliff blame would be mostly on them, not the president. not on democrats. that might change. but this is a very risky move if we go well into january with this unresolved. >> and you got to wonder if the house republicans are kicking themselves for not passing the plan b, which allowed for tax rates on people making a million or more since the figure that...
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the strangest part is we haven't heard what john boehner thinks about it, whether he thinks he can muster a majority. we're hearing from dana and jessica and you heard from the senator there are some problems on the democratic side of the senate on this, and the weirdest thing in the world, grover norquist, signed off on something that raises taxes on people who earn $400,000 as individuals or $450,000 as a household. you know, cats are sleeping with pigs today. it's very unusual, but it looks like everybody gets to say they got something out of this deal, but it's far from a complete deal. this is a puny, mini deal that $24 billion that dana was just talking about, it is a small portion of it, but it gives me hope in humanity that they were able to get a deal done. i don't want to jinx this thing. it's still only 9:20 on the east coast. >> everything i have been hearing from white house sources as far as the president was concerned, extending the unemployment benefits for 2 million americans, as far as he was concerned, that had to be in the deal. he wasn't going to accept anything short
the strangest part is we haven't heard what john boehner thinks about it, whether he thinks he can muster a majority. we're hearing from dana and jessica and you heard from the senator there are some problems on the democratic side of the senate on this, and the weirdest thing in the world, grover norquist, signed off on something that raises taxes on people who earn $400,000 as individuals or $450,000 as a household. you know, cats are sleeping with pigs today. it's very unusual, but it looks...
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and i think that's what's going to boil down to. >> any plan would need house speaker john boehner to bring it to a floor for a vote. republican representative tom cole says he is confident boehner can get the votes he needs. >> on the speaker's plan "b," he ha
and i think that's what's going to boil down to. >> any plan would need house speaker john boehner to bring it to a floor for a vote. republican representative tom cole says he is confident boehner can get the votes he needs. >> on the speaker's plan "b," he ha
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john boehner needs to take this deal struck in the senate that presumably has some buy in from him if not from his rank and file, because mitch mcconnell did not negotiate this is a vacuum and this is a pretty overwe will being vote. he will take this to his conference today and see where they are at. the expectation is there are two directions this could go. either a vote on the bill or house republicans propose changes so they can amend the bill more to their liking and send it back to the senate. but i think this is expected to move along here. >> there could be amendments, one past, they could vote on amendments, could fail, and then vote on the full measure. isn't that true also? >> yeah, that is true, and the other thing is once anything goes to the floor, it's not just up to republicans, it will -- and the think the expectation all along, whatever ultimately passes the house as we saw in the senate will require democrats and republicans. >> talking to phil gingery, seemed to be leaning no on this. but this time, secretary bamr. doesn't need all of the votes. >> and even though
john boehner needs to take this deal struck in the senate that presumably has some buy in from him if not from his rank and file, because mitch mcconnell did not negotiate this is a vacuum and this is a pretty overwe will being vote. he will take this to his conference today and see where they are at. the expectation is there are two directions this could go. either a vote on the bill or house republicans propose changes so they can amend the bill more to their liking and send it back to the...
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keeping the speaker of the house john boehner abreast of what's going on. keeping harry reid abreast of what's going on and keeping president obama abreast of what's going on. we heard from senator reid yesterday that they are very far apart. not just talking on the threshold, initially president obama said $250 mi,000. there is talk to bumping that to $400,000. republicans want to know how we pay for it. there are farm subsidies, the doc fix. and spending cuts. so there is a lot to be resolved here in the next few hours. >> too bad we only found out about this, you know, yesterday or the day before. 517 days they've had to work out the details and now we're talking about them all. brianna, we'll be busy today and may be ringing in the new year together. brianna keilar in washington. >>> a ball dropping in washington, a ball dropping in times square it looks like we'll go off the fiscal cliff. here's what it means to you. your paycheck will shrink. the payroll tax holiday is likely going away, for someone making $50,000 a year, it means $80 out of your payc
keeping the speaker of the house john boehner abreast of what's going on. keeping harry reid abreast of what's going on and keeping president obama abreast of what's going on. we heard from senator reid yesterday that they are very far apart. not just talking on the threshold, initially president obama said $250 mi,000. there is talk to bumping that to $400,000. republicans want to know how we pay for it. there are farm subsidies, the doc fix. and spending cuts. so there is a lot to be resolved...
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you said you were supportive of john boehner's plan b a week ago. which would have raised taxes on people earning above $1 million, only on that amount that was above $1 million. but there are a whole bunch of your own colleagues that wouldn't let that pass. 50 republicans wouldn't vote for that. how is that somebody else's problem? >> democrats can't have it both ways one of the reasons many of my colleagues didn't want to vote on it, harry reid said he wouldn't bring it up for consideration. the democrats can't have it both ways. can't criticize the speaker for not passing the bill. tame saying the president wouldn't veto it. it probably won't pass. the reality is we did pass the bill. on august 1st. done in a bipartisan way, done plenty of time in advance and now it is up for the senate to actually act. that's the way it works. remember that? i'm just a bill on capitol hill? we pass a bill, it goes to the senate, they have to do their job. they went golfing last week, went on vacation and now not convening until 11:00. >> i am not hearing anythin
you said you were supportive of john boehner's plan b a week ago. which would have raised taxes on people earning above $1 million, only on that amount that was above $1 million. but there are a whole bunch of your own colleagues that wouldn't let that pass. 50 republicans wouldn't vote for that. how is that somebody else's problem? >> democrats can't have it both ways one of the reasons many of my colleagues didn't want to vote on it, harry reid said he wouldn't bring it up for...
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house speaker john boehner says his side of the capitol can't solve this crisis. starting to look pretty hopeless in washington. maybe a member of the house can give us a reason to be optimistic. chris van hollen is a maryland democrat. there he is, congressman, do you believe we're going to go over this cliff, yes or no? >> i still think we have a 50/50 chance of averting the cliff. i thought the odds were a little higher this morning, but, look, obviously the clock is winding down. what we do know is negotiations are ongoing. there was a big road block earlier today with the so-called chain cpi issue, but that seems to have been put aside. so we'll have to see, but, again, the fundamental issue has been the same throughout this process which is that our republican colleagues are trying to do everything we can to prevent higher income individuals to pay a little bit more to reduce our deficit, and that's what's been going on for the last six months. that's what the conversation in the election was all about, but here we are. >> can you walk us through this? you s
house speaker john boehner says his side of the capitol can't solve this crisis. starting to look pretty hopeless in washington. maybe a member of the house can give us a reason to be optimistic. chris van hollen is a maryland democrat. there he is, congressman, do you believe we're going to go over this cliff, yes or no? >> i still think we have a 50/50 chance of averting the cliff. i thought the odds were a little higher this morning, but, look, obviously the clock is winding down. what...
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speaker john boehner to bring it to a floor for a vote. tom cole says he's confident boehner can get the plans he needs. >> he had over 200 republican votes, it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner request accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if on the other hand he's neutral and not favorable. then his chances are going to be a lot slimmer. >> we will find out in the morning whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >>> we've been asking you our viewers to send in your thoughts, your messages to elected representatives, so let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> have a good night. i'm don le
speaker john boehner to bring it to a floor for a vote. tom cole says he's confident boehner can get the plans he needs. >> he had over 200 republican votes, it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner request accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if on the other hand he's neutral and not favorable. then his chances are going to be a lot slimmer. >> we will find out in the morning...
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republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it to the house floor for a vote before new year'
republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called...
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boehner can accept, it will be passed in a bipartisan manner with a very strong majority. if on the other hand he's neutral and not favorable, his chances will be a lot slimmer. >> lisa desjardins following the news on capitol hill. >> reporter: the news is a little better than it was earlier today. negotiations are still happening. there was a point today where there was a total breakdown. vice president joe biden. some of the last people in the building, i know, come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. the republicans in the house were meeting late tonight to try to talk about what to do, in the end this is what our producer deirdre walsh heard from them. the message is just sit tight, stay tuned and i think what we have to do, don, is find out tomorrow morning, whether there is any progress between senator mcconnell and vice president joe biden. there is definitely hope. there is not a lot of time. >> let
boehner can accept, it will be passed in a bipartisan manner with a very strong majority. if on the other hand he's neutral and not favorable, his chances will be a lot slimmer. >> lisa desjardins following the news on capitol hill. >> reporter: the news is a little better than it was earlier today. negotiations are still happening. there was a point today where there was a total breakdown. vice president joe biden. some of the last people in the building, i know, come on through,...
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>> the truth is they would have been better taking the deal that john boehner negotiated with president obama way back when. they missed the moment. i think the real fear is who pays the price. i think the republicans has a point but will pay the price and the real people that will pay the price are the americans, the middle class. it is crazy to put us through this. >> all of the focus on tax cuts but the revenue from increases the taxes on the wealthy will barely make a dment the deficit to say nothing of the trillions of dollars in debt we are talking about. it is a symbolic fight the president is determined to win off of his re-election. >> it is not symbolic. there will be money raised if the tacks for the top 2% are left to expire. let me bring up a point. no democrat and certainly not this president, has said there should be no spending cuts. on the contrary. this president has put on the table quite an extraordinary amount of spending cuts to the sh grin of many democrats, i might add. are they to the extent the grand bargain was several months ago last year? of course not. the
>> the truth is they would have been better taking the deal that john boehner negotiated with president obama way back when. they missed the moment. i think the real fear is who pays the price. i think the republicans has a point but will pay the price and the real people that will pay the price are the americans, the middle class. it is crazy to put us through this. >> all of the focus on tax cuts but the revenue from increases the taxes on the wealthy will barely make a dment the...
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Dec 26, 2012
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republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is supposed to be back, having cut his trip to hawaii short, the first lady, the girls are staying in hawaii. the senate is supposed to convene, but not necessarily the house. what is going to happen? >> reporter: well, we're not really sure. in fact, house republican leaders are having a conference call, i'm told, as we speak, to figure out that very question. they told their members that they would have 48 hours notice before they reconvene the house and so at the earliest, that would be on friday. but, you know, the action really is now going to begin in the senate. there isn't that much of a rush for the house to come back. and when i say action, even that is a question mark. whether there will be action. i was talking to a democratic source who said right now what they had to figure out, victor, is whether or not harry re
republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is supposed to be back, having cut his trip to hawaii short, the first lady, the girls are staying in hawaii. the senate is supposed to convene, but not necessarily the house. what is going to happen? >> reporter: well, we're not...
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Dec 27, 2012
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now, the house leader john boehner says he will give house members 48 hours before he calls them back. that means the earliest they'll be back is on saturday. so are they just passing the buck to the senate? >> i think that's what's happening in both chambers right now. you saw a return statement from senate majority leader harry reid's spokesman yesterday talking about the incompetence of the house. these two sides are pointing fingers at each other. you have a situation now where these guys are completely confident or at least confident enough that their strategies are the right ones for them that they're not moving off the ball at all. and without any sort of movement, that's why you hear so much pessimism. >> i think part of it is they're afraid of spooking the markets, right? no gop senator wants to sign -- wants to vote for tax increases if the bill's not going to pass. that looks bad to their constituents. and as one democratic source told our dan that bash, this will be the last train we have and there is no sense in it leaving the station before we have assurance it will get
now, the house leader john boehner says he will give house members 48 hours before he calls them back. that means the earliest they'll be back is on saturday. so are they just passing the buck to the senate? >> i think that's what's happening in both chambers right now. you saw a return statement from senate majority leader harry reid's spokesman yesterday talking about the incompetence of the house. these two sides are pointing fingers at each other. you have a situation now where these...
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Dec 31, 2012
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house speaker john boehner will see his salary increase to more than $224,000. and senate majority leader harry reid will take home an annual pay of $194,000 after his raise. so those guys are getting a raise. and if you are counting on a tax refund in the next few weeks, the fiscal cliff could force you to wait just a little bit longer than usual. >>> checking our top stories. the nation is now 14 hours away from the fiscal cliff. sources tell us vice president joe biden and senate minority leader mitch mcconnell talked through the night and vow to keep these negotiations going on today. the gridlock in washington could also hold up your tax refund. you might have to wait until late march to file if congress does not approve a short-term fix for the alternative minimum tax in the next few days. same issue two years ago delayed the opening of tax season by four weeks to mid-february. >>> former president george h.w. bush is still in a houston hospital but no longer in intensive care. bush was moved to regular patient room on saturday to continue his recovery. th
house speaker john boehner will see his salary increase to more than $224,000. and senate majority leader harry reid will take home an annual pay of $194,000 after his raise. so those guys are getting a raise. and if you are counting on a tax refund in the next few weeks, the fiscal cliff could force you to wait just a little bit longer than usual. >>> checking our top stories. the nation is now 14 hours away from the fiscal cliff. sources tell us vice president joe biden and senate...
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Dec 31, 2012
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and the last time john boehner tried to put something on the floor, his caucus rebelled. he'd have to let the house vote its will. >> but you agree if the president of the united states supports it, most of the house democrats will support it. so you don't need a majority of the republicans, you need a few republicans to get to that magic number of 218. >> exactly. obama and pelosi seem to have a firm grasp on the house democrats. it's just a matter of getting it to a vote in the house. what's happened over the course of the day is we had this seesaw. when details leak out, that angers democrats, they go back to the negotiating room and fight for a bit more. then some details leaked out that there weren't enough spending cuts. that angered republicans. obama's comments angered republicans. so i think they're back in the negotiating room, republicans pushing harder on the spending cuts side. that's what we've seen through the the day. >> ali, based on my years of covering washington, the longer there's no final vote in the senate and house, the more likely this whole thing
and the last time john boehner tried to put something on the floor, his caucus rebelled. he'd have to let the house vote its will. >> but you agree if the president of the united states supports it, most of the house democrats will support it. so you don't need a majority of the republicans, you need a few republicans to get to that magic number of 218. >> exactly. obama and pelosi seem to have a firm grasp on the house democrats. it's just a matter of getting it to a vote in the...
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Dec 28, 2012
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the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will be able to discuss more details about a scaled-down fiscal cliff plan. and maybe that could lead to some sort of agreement ideally for all parties in which all the senators say that they will not filibuster it, and it can go to a vote. and then speaker boehner could, in theory, agree to bring it to a vote on the house floor after the house comes back on sunday. and then we would get all of this behind us before new year's eve.
the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see,...
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Dec 26, 2012
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., carol, you'll recall when talks fell apart last week between house speaker john boehner and the president as the president departed for hawaii he talked to reporters in the briefing room and he said "see you next week" so i think we had a sense he would be coming back earlier than initially planned and it was just a matter of when, not if, and he'll be heading back tonight, that's local time so he'll be traveling overnight, it's quite a long flight, nine or ten hours and he'll be back in d.c. by thursday late morning. >> any behind the scene talks over the holiday? >> reporter: right now the white house has been in communication with senate democrats but i've checked in with my sources even this morning, republican sources and they're still not in touch with senate democrats or the white house, so that's pretty key. i guess you can understand it right now the white house and senate democrats are trying to cobble something together as they work towards putting forth a proposal. ultimately it needs republican support in the senate and the house. those discussions have to take place at some
., carol, you'll recall when talks fell apart last week between house speaker john boehner and the president as the president departed for hawaii he talked to reporters in the briefing room and he said "see you next week" so i think we had a sense he would be coming back earlier than initially planned and it was just a matter of when, not if, and he'll be heading back tonight, that's local time so he'll be traveling overnight, it's quite a long flight, nine or ten hours and he'll be...
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again, john boehner is an honorable man. i think he has outside forces in his own conference working against him, but more importantly working against the american people. it is our sincere hope that we are able to resolve this and get it done without taking this nation over the fiscal cliff. minimally, our caucus is unanimous in our support and responsibility to take a vote in the house of representatives. with that, i turn it to our vice chair. >> we do have votes -- i'll be brief. i will simply state that the house majority called us back for votes. today believe voting -- votes are beginning as we speak. our understanding is that none of the votes we will be casting today have anything to do with the deadlines that we face in slightly more than 24 hours. we are here, we are ready, we believe there is a bill that would help address some of these deadlines that we face and the fiscal consequences of not ask -- acting on these deadlines before us. that is the bipartisan-passed bill that would protect middle- class families,
again, john boehner is an honorable man. i think he has outside forces in his own conference working against him, but more importantly working against the american people. it is our sincere hope that we are able to resolve this and get it done without taking this nation over the fiscal cliff. minimally, our caucus is unanimous in our support and responsibility to take a vote in the house of representatives. with that, i turn it to our vice chair. >> we do have votes -- i'll be brief. i...
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Jan 1, 2013
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. -- john boehner ever since he has been in. president obama has tried to work with these people to get things done, and they will not work with him. host: let's hear from ron in appleton, wisconsin. caller: i woke up this morning, and i am an engineer, an african-american. i have been blessed with a good income. however, when i woke up this morning, though i feared my taxes going up considerably, i was a bit disappointed. the reason for that is that i'm looking long term. taxes, you have to pay for the debt that we have occurred. at this point, it does not matter how we got there. whether it is republicans and democrats or whatever -- it will take all of us to get out of it. it amazes me that everyone wants everyone else to sacrifice, but when it comes to me, i do not want to give that up. at this point, ok, if you are raising my taxes, ok, but make sure that we take care of the debt. that is the big thing. i'm thinking and 10-20 years down the road. i'm not be around then, but my children will be. host: ok, i appreciate the ph
. -- john boehner ever since he has been in. president obama has tried to work with these people to get things done, and they will not work with him. host: let's hear from ron in appleton, wisconsin. caller: i woke up this morning, and i am an engineer, an african-american. i have been blessed with a good income. however, when i woke up this morning, though i feared my taxes going up considerably, i was a bit disappointed. the reason for that is that i'm looking long term. taxes, you have to...
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Dec 31, 2012
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again, john boehner is an honorable man. i think he has outside forces in his own conference working against him, but more importantly working against the american people. it is our sincere hope that we are able to resolve this and get it done without taking this nation over the fiscal cliff. minimally, our caucus is unanimous in our support and responsibility to take a vote in the house of representatives. with that, i turn it to our vice chair. >> we do have votes -- i'll be brief. i will simply state that the house majority called us back for votes. today believe voting -- votes are beginning as we speak. our understanding is that none of the votes we will be casting today have anything to do with the deadlines that we face in slightly more than 24 hours. we are here, we are ready, we believe there is a bill that would help address some of these deadlines that we face and the fiscal consequences of not ask -- acting on these deadlines before us. that is the bipartisan-passed bill that would protect middle- class families,
again, john boehner is an honorable man. i think he has outside forces in his own conference working against him, but more importantly working against the american people. it is our sincere hope that we are able to resolve this and get it done without taking this nation over the fiscal cliff. minimally, our caucus is unanimous in our support and responsibility to take a vote in the house of representatives. with that, i turn it to our vice chair. >> we do have votes -- i'll be brief. i...
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Dec 24, 2012
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"we all like john boehner." i grew up and john boehner's district in ohio. he is a very practical man. he is a deal maker. he wants to sit down at the table and come up with a solution. he is being pressured by the tea party. host: maverick on twitter says -- host: what do you think? guest: that sounds strange to me. host: congress needs to do something at this point. is he remove himself from the equation? guest: he is saying, "here's my offer." i think john boehner is doing that. he didn't have the votes he needed. host: republican senator thinks the president wants to go off the fiscal cliff. guest: i said earlier myself. in terms of who gets hurt the most, i think it's clear the republicans can be hurt the most. they put themselves in that situation. let's go offto say the fiscal cliff. unemployment or other benefits, veterans benefits, etc. it would be cynical to say let's sacrifice those folks to win a political point. i'm not saying democrats want to do that. host: let's hear from the republican in indiana. caller: hi. i have a comment and a question.
"we all like john boehner." i grew up and john boehner's district in ohio. he is a very practical man. he is a deal maker. he wants to sit down at the table and come up with a solution. he is being pressured by the tea party. host: maverick on twitter says -- host: what do you think? guest: that sounds strange to me. host: congress needs to do something at this point. is he remove himself from the equation? guest: he is saying, "here's my offer." i think john boehner is...
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Dec 30, 2012
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stan collender, how does john boehner come out looking after what happened? guest: it is hard to see anything positive. he took on negotiating for the republicans and failed to even get his own house to come along with some of what he wanted to do. now he is in control of the negotiations with harry reid. there is some discussion about whether he might be in trouble in his reelection as speaker. that is a long shot. it is unusual to unseat an existing speaker. it is possible. it is possible if he cuts a deal before his election, it could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell as they negotiate today? guest: mitch mcconnell is up for reelection in 2014. if he agrees with the white house, it will hurt him in his district. rand paul -- mcconnell has less room to maneuver now than with previous deals. for harry reid, a lot of his reputation is on the line. can he put something on the floor of the senate that his own democrats will support? guest: the clearest losers are those unemployed and trying to get jobs
stan collender, how does john boehner come out looking after what happened? guest: it is hard to see anything positive. he took on negotiating for the republicans and failed to even get his own house to come along with some of what he wanted to do. now he is in control of the negotiations with harry reid. there is some discussion about whether he might be in trouble in his reelection as speaker. that is a long shot. it is unusual to unseat an existing speaker. it is possible. it is possible if...
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that led to a response from the speaker of the house john boehner. he issued a statement that included these words -- he says the president is the one who has never been able to get a yes. house passed legislation to avert the entire fiscal cliff canada and the president has never called for the senate to act on those skills in any way." it's part of a six-paragraph statement from the speaker of the house yesterday afternoon. guest: it's a lot of back-and- forth. it's a lot of finger-pointing. they should all be in the room. they should be working on this until it gets done. every member of congress should feel an obligation to be putting forth solutions. it seems to me that there are far more focus on the political gains or downside of various deals than there is the true effect this as on the country. host: even if they were in the room with all the principles and the five or six principles agreed to plan, could pass the republican house of the democratic senate? guest: it depends what is in the plan. so far what we've seen is plans that are gettin
that led to a response from the speaker of the house john boehner. he issued a statement that included these words -- he says the president is the one who has never been able to get a yes. house passed legislation to avert the entire fiscal cliff canada and the president has never called for the senate to act on those skills in any way." it's part of a six-paragraph statement from the speaker of the house yesterday afternoon. guest: it's a lot of back-and- forth. it's a lot of...
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Jan 1, 2013
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gop to let america down, john boehner during his final shot to delay this. i bet money they send it back to the senate. unless and until the u.s. congress financier's governing again, it they should all stop lecturing other governments of the world. it is another spending bill, political suicide for republicans to vote for it. what are your thoughts about the fiscal cliff? caller: it is a waste of time. they need to get into session and vote. start getting something done. let's go. they're just piddling around too long. they do not have anything settle debt. i mean, you know. host: how would you like to see the boat go? guest: at this point it does not matter. host: here come the democrats live coverage on c-span. >> are you ready? we just finished a standing room only three-hour long caucus meeting in which the vice president not only roused the entire membership but also gave us a very thoughtful and detailed explanation of what has gone on and how it was that he and the president, working with democratic and republican leaders were able to come together o
gop to let america down, john boehner during his final shot to delay this. i bet money they send it back to the senate. unless and until the u.s. congress financier's governing again, it they should all stop lecturing other governments of the world. it is another spending bill, political suicide for republicans to vote for it. what are your thoughts about the fiscal cliff? caller: it is a waste of time. they need to get into session and vote. start getting something done. let's go. they're just...
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Dec 30, 2012
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how does john boehner come out looking after what happened over the past four weeks? guest: it is hard to see anything positive. he took on the negotiants for the republicans. he failed to get his own house to come along. plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt him in his election. remember rand paul -- mcconnell has less room to maneuver. for harry reid, a lot of his reputation is on the line. can he put something on the floor of the senate that some democrats will support? guest: the biggest loser is the unemployed and those trying to get jobs. that is what this is about. really, people need to step back and realiz
how does john boehner come out looking after what happened over the past four weeks? guest: it is hard to see anything positive. he took on the negotiants for the republicans. he failed to get his own house to come along. plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him...
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Jan 1, 2013
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john boehner is so inept, with eric cantor, he does -- is not capable of passing a bill. he tried it and had to pull it off the floor. wasn't unable to do with the constitution tells him to do. he then asks that the senate makes a bill to vote on. the senate passed a bill and they brought it in with 89 votes and then they turn around and now he is talking about wanting to an amendment. he is so scared of eric cantor. that is the situation we are in. host: the house the bell system has gone off. these alert members there is a vote. there is at least about 15 minutes before the house comes into session. it is currently in recess, subject to the call of the chair. the bells have gone off. it looks like they will be coming back into session. while we are waiting for that, we want to show you the democratic house leadership press conference that was held at two hours ago. here it is. but also gave us a thoughtful and detailed explanation of what has gone on and how it was that he and the president, working with the republican leaders in both houses, were able to come together
john boehner is so inept, with eric cantor, he does -- is not capable of passing a bill. he tried it and had to pull it off the floor. wasn't unable to do with the constitution tells him to do. he then asks that the senate makes a bill to vote on. the senate passed a bill and they brought it in with 89 votes and then they turn around and now he is talking about wanting to an amendment. he is so scared of eric cantor. that is the situation we are in. host: the house the bell system has gone off....
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Dec 24, 2012
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boehner, helped us the toolsusties thees to improve the situation. the disturbing part is the red category at the bottom, which indicates roughly 25% of plans are in some significant financial distress. this distressed flows from a variety of causes. typically, because the employers, the trucking companies, supermarket owners, construction contractors, are in very difficult segments of our economy. talk to any electrical contractor, air conditioning contractor, trucking company, they will tell you they have had very difficult times over the last 56 years. that manifest itself in less money coming into the business, fewer workers paying into the fund. the second problem we can all see in our own 401k account or thrift account in the case of federal employees -- as market values have tumbled, so has our retirement account. the investments in many of these funds have not kept pace with the needs of employees. the third is a sort of demographic tidal wave that i have to take some responsibility for. i was born in 1957, so i am part of the baby boom gener
boehner, helped us the toolsusties thees to improve the situation. the disturbing part is the red category at the bottom, which indicates roughly 25% of plans are in some significant financial distress. this distressed flows from a variety of causes. typically, because the employers, the trucking companies, supermarket owners, construction contractors, are in very difficult segments of our economy. talk to any electrical contractor, air conditioning contractor, trucking company, they will tell...
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Dec 26, 2012
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i have been watching the news and everything like that, and i do not see the republican -- john boehner is working with the president to do anything. they do not do anything. they have -- they do not work with the president. i am wondering, why does he not work for the american people that they elected to do the american people business, not their business. host: thank you for calling. a live picture of the u.s. capitol. 7:23 in washington. some heavy rain and perhaps some snow. a. when terry mix are expecting in town. we mention that because the president is heading back into town. the senate and white house -- the senate and house are due back tomorrow. this is an politico. there is another piece of this morning that says the house member elect is also interested in the peak in the seat -- adapter the seat. springfield, va., lewis, an independent. caller: good morning. you could consider me a little bit pessimistic. i am actually looking at it as realistically as possible. i have a degree in macroeconomics. i believe that they all should be -- we should institute term limits on all of
i have been watching the news and everything like that, and i do not see the republican -- john boehner is working with the president to do anything. they do not do anything. they have -- they do not work with the president. i am wondering, why does he not work for the american people that they elected to do the american people business, not their business. host: thank you for calling. a live picture of the u.s. capitol. 7:23 in washington. some heavy rain and perhaps some snow. a. when terry...
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Dec 31, 2012
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that led to a response from the speaker of the house john boehner. he issued a statement that included these words -- he says the president is the one who has never been able to get a yes. house passed legislation to avert the entire fiscal cliff canada and the president has never called for the senate to act on those skills in any way." it's part of a six-paragraph statement from the speaker of the house yesterday afternoon. guest: it's a lot of back-and- forth. it's a lot of finger-pointing. they should all be in the room. they should be working on this until it gets done. every member of congress should feel an obligation to be putting forth solutions. it seems to me that there are far more focus on the political gains or downside of various deals than there is the true effect this as on the country. host: even if they were in the room with all the principles and the five or six principles agreed to plan, could pass the republican house of the democratic senate? guest: it depends what is in the plan. so far what we've seen is plans that are gettin
that led to a response from the speaker of the house john boehner. he issued a statement that included these words -- he says the president is the one who has never been able to get a yes. house passed legislation to avert the entire fiscal cliff canada and the president has never called for the senate to act on those skills in any way." it's part of a six-paragraph statement from the speaker of the house yesterday afternoon. guest: it's a lot of back-and- forth. it's a lot of...
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Dec 29, 2012
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characteristic uninsured and beginning the speaker boehner. >> john boehner is a washington my friend was not obvious choice to leave the tea party class. nonetheless he could be the tea party phenomenon for the freight train that was then elected to be on the train rather than underneath it. speaker boehner campaigned heavily for tea party freshman and also believes this present at republicans and indeed america with the great opportunity. his believe, for example, was this would be a perfect recipe for entitlement reform. if you're going after entitlement reform ideally to have bipartisanship and specifically democratic president so they couldn't walk away from it. so he believed he could leverage the deep conservatives and that the tea party into action. but he failed to do so. the tea party freshman at time i spent a great deal of time and i spent time with an awful lot of them, like him personally, found an admiral and a genial ceo. this certainly not as their real leader. that has been implicitly cleared throughout the 112 congress. eric cantor, the majority leader is a bit diff
characteristic uninsured and beginning the speaker boehner. >> john boehner is a washington my friend was not obvious choice to leave the tea party class. nonetheless he could be the tea party phenomenon for the freight train that was then elected to be on the train rather than underneath it. speaker boehner campaigned heavily for tea party freshman and also believes this present at republicans and indeed america with the great opportunity. his believe, for example, was this would be a...
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characterize each one in shorthand beginning with speaker boehner. >> john boehner is a washington lifer and was not the obvious choice to be leading this sort of tea party crafts. nonetheless you can see the tea party phenomenon for the trade -- freight train that it was an elected to be on the train rather than underneath it. speaker boehner campaigned heavily for a number of the tea party freshman andy also you know believe that this presented the republicans and indeed america with a great opportunity. his belief for example was that this would be a perfect run for entitlement reform. if you are are going after entitlement reform ideally you have the bipartisanship specifically at democratic president so they could not walk away from it. and so, he believed that he could leverage the deep conservatism of the tea party. but he has failed to do so and the tea party freshman with whom i have spent a great deal of time and i have spent time with an awful lot of them, liked him personally and found him admirable in the way is a genial ceo but certainly not as there are real leader. that h
characterize each one in shorthand beginning with speaker boehner. >> john boehner is a washington lifer and was not the obvious choice to be leading this sort of tea party crafts. nonetheless you can see the tea party phenomenon for the trade -- freight train that it was an elected to be on the train rather than underneath it. speaker boehner campaigned heavily for a number of the tea party freshman andy also you know believe that this presented the republicans and indeed america with a...
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we received a statement from the speaker of the house, john boehner. i want to read this for you word for word coming from leadership on the senate agreement. the house will honor its commitment to sue the senate agreement if it is passed. decisions about whether the house will seek to except a measure will be made when house members and the american people of babel to review the legislation. we have been talking about the legislation but with rich edson standing by live once again to explain to us what is at stake and what is to be considered. rich: good evening, adam. the number of different items in state tuition ongoing as to when exactly the senate will pass up. see how much this thing cost, say they have enough votes to get this through although joe biden says he is confident, feels pretty good this vote will end up his way. the deal he negotiate with mitch mcconnell and basically preserves current tax rates for info mounts $450,000 per year for families and less individuals including investment income as well. so the other provisions of unemploy
we received a statement from the speaker of the house, john boehner. i want to read this for you word for word coming from leadership on the senate agreement. the house will honor its commitment to sue the senate agreement if it is passed. decisions about whether the house will seek to except a measure will be made when house members and the american people of babel to review the legislation. we have been talking about the legislation but with rich edson standing by live once again to explain...
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but i it's something he said to john boehner leaving any room for compromise? if politicians don't take us over the cliff, will the unions? what the they're planning this k in from boston to houston threatening to strike you in the wallet. eric: read the headlines and they say that president is giving up his vacation takes toe a fiscal cliff deal, but is there any room for negotiation? let's talk about it a little bit. >> the president is heading back to washington to attempt a last-ditch effort with speaker boehner to forge some compromise to avert a fiscal cliff which will kick in in six days if nothing isone done. those are the headlines are we talking about is cutting his vacation short in tha and that l well and good. is there anything that can be done because they really seem to be at an impasse before christmms, the republicans in the houseors, imploded and a ve, very tight spot and i suspect if there is to be a deal it'll be a pretty on powering one for all involved. eric: john boehner, putting it up on the screen. $800 billion in tax revenue on the tab
but i it's something he said to john boehner leaving any room for compromise? if politicians don't take us over the cliff, will the unions? what the they're planning this k in from boston to houston threatening to strike you in the wallet. eric: read the headlines and they say that president is giving up his vacation takes toe a fiscal cliff deal, but is there any room for negotiation? let's talk about it a little bit. >> the president is heading back to washington to attempt a last-ditch...